Land banking is hot new real estate trend in Florida

Land banking is the new hot trend in the Florida market. Developers, investors, specualtors, are venturing to North Florida in search of land deals, not to build home, but to bank.

Miami, Florida (PRWEB) September 1, 2005 -- Land banking is the new hot trend in the Florida market. Developers, investors, specualtors, are venturing to North Florida in search of land deals, not to build home, but to bank.

Land Banking is the trend to buy and hold on to land to sell or build at a later date. This is becoming a common practice as land sales show no sign of slowing down.

"Many land buyers are afraid that they will never again see land prices as low as $10,000 an acre and they are scooping up all the available land in North Florida," said Maria Gomez, Keller Williams Realtor, also known as TheCommercialExpert. "Finding the land is not easy. Much of North Florida land has been in families for generations. If you want to buy large tracks before they are promoted to the public you have to know someone."

One place you can find large parcels of land is www.Thecommercialexpert.com, experts in North Florida land sales. Here you can find Florida land for sale in the areas of: Gainesville, Ocala, Titusville, Cross City, Trenton, Gilcrest, Lafayette, Steinhatchee, as well as surrounding area. However, the doesn't stay on the website long. Developers, investors, speculators, are quickly gobbling up land as fast as Gomez can list it and place it on www.thecommercialexpert.com.

"We recently sold 320 acres in Cross City, the west coast of Florida, for $13,000 an acre. We are still getting calls on this property," say Maria Gomez, Keller Williams Miami Realtor, also known as TheCommercialExpert.

Land in North Florida, last year was selling for a $2,000 - $3,000 an acre it is now selling for 4 times as much.

Land Banking is the main reason for the surge in price.

You can subscribe to receive land sale alerts from TheCommercialExopert, and be the first to know when North Florida land goes on the market, by visting www.thecommercialexpert.com.

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